Used in organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs) due to its excellent hole-transporting properties. Its unique discotic structure enhances the efficiency and stability of OLED displays, making it suitable for high-performance screens in smartphones, TVs, and other electronic devices. Additionally, it is employed in organic field-effect transistors (OFETs) for high charge carrier mobility and in organic photovoltaic cells to improve light absorption and charge transport, contributing to more efficient solar energy conversion. The compound’s ability to form well-ordered thin films also makes it valuable in the fabrication of advanced optoelectronic devices.