Used primarily in organic electronics, this compound serves as an effective electron transport material in organic light-emitting diodes (OLEDs). Its high electron mobility and stability under operational conditions make it suitable for enhancing the efficiency and lifespan of OLED devices. Additionally, it finds application in the development of organic photovoltaic cells, where it improves charge separation and transport, thereby increasing the overall energy conversion efficiency. Researchers also explore its potential in thin-film transistors and other electronic components due to its favorable electronic properties.