This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent electroluminescent properties. It serves as a key component in the emissive layer, enhancing the efficiency and stability of the device. Additionally, it is employed in the synthesis of advanced materials for optoelectronic applications, contributing to improved performance in displays and lighting technologies. Its unique structure also makes it a candidate for research in organic semiconductors and photovoltaic cells.