Used primarily in organic electronics, this compound serves as a key building block in the synthesis of hole-transport materials for OLEDs (organic light-emitting diodes). Its rigid, conjugated structure enhances thermal stability and improves film-forming properties in device layers. It is also employed in the development of organic semiconductors and emissive layers due to its favorable electron-donating characteristics and high triplet energy, making it suitable for blue phosphorescent OLEDs. Additionally, derivatives are explored in perovskite solar cells as dopant-free hole-transport agents to improve device efficiency and stability.