This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent charge transport properties and high thermal stability. It is often incorporated as a hole-transporting material in the emissive layers of OLED devices, enhancing their efficiency and longevity. Additionally, it is used in the synthesis of advanced organic semiconductors, contributing to the performance of optoelectronic devices such as solar cells and field-effect transistors. Its robust structure and electronic characteristics make it a valuable component in the field of materials science for creating high-performance electronic displays and energy-efficient lighting solutions.