Used as a high-performance organic semiconductor in optoelectronic devices, particularly in organic light-emitting diodes (OLEDs) and perovskite solar cells. Its rigid, conjugated structure enables efficient charge transport and excellent thermal stability, making it ideal as a hole-transporting or electron-transporting material. The molecule’s extended π-system enhances luminescence and improves device efficiency. It is also employed in thin-film transistors and as a host matrix in phosphorescent OLEDs due to its suitable energy levels and ability to prevent exciton quenching.