Used as a hole-transporting material in organic light-emitting diodes (OLEDs), this compound helps improve device efficiency and stability. Its extended aromatic structure supports good charge mobility and film-forming properties, making it suitable for use in blue-emitting OLEDs. It is also employed in multilayer OLED architectures to confine excitons and enhance radiative recombination. Additionally, it finds application in organic photovoltaics and perovskite solar cells as a key component in the hole-transport layer, contributing to higher power conversion efficiency.