This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent photophysical properties. It serves as a key component in the synthesis of high-performance luminescent materials, enhancing the efficiency and stability of OLED displays. Additionally, it is employed in organic semiconductors, contributing to improved charge transport in electronic devices. Its unique structure also makes it a valuable intermediate in the production of advanced polymers and coatings, offering enhanced durability and optical characteristics.