Used primarily in organic electronics, this compound functions as a hole-transport material in OLED (organic light-emitting diode) devices. Its rigid, conjugated structure provides good thermal stability and efficient charge transport, making it suitable for use in blue-emitting OLEDs. It is also employed as a host material in phosphorescent OLEDs, where it helps manage exciton energy and improve device efficiency. Due to its high triplet energy level, it supports energy confinement for blue phosphorescent emitters. Additionally, it finds application in perovskite solar cells as a component in the hole-transport layer, contributing to enhanced device performance and stability.