Used as a hole-transporting material in organic light-emitting diodes (OLEDs) and perovskite solar cells due to its high thermal stability and excellent charge transport properties. Its molecular structure supports efficient energy transfer and enhances device efficiency. Commonly employed in the fabrication of high-performance optoelectronic devices, especially in layered architectures where stable and efficient hole injection is critical. Also utilized in research settings for developing next-generation photovoltaics and display technologies.