This chemical is primarily used in the development of organic light-emitting diodes (OLEDs) due to its excellent electron-transporting and hole-blocking properties. It enhances the efficiency and stability of OLED devices, making it valuable in the production of high-performance displays and lighting systems. Additionally, it is utilized in the fabrication of organic photovoltaic (OPV) cells, where it contributes to improving charge carrier mobility and overall device efficiency. Its role in advanced electronic materials underscores its importance in modern optoelectronic applications.