Widely utilized in the field of organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs). Its excellent hole-transporting properties make it suitable for use in the emissive layers of OLED devices, enhancing their efficiency and stability. Additionally, it is employed in the fabrication of organic photovoltaic (OPV) cells, where it contributes to improved charge carrier mobility and overall device performance. The compound’s ability to form stable thin films further supports its application in advanced optoelectronic devices.