Used primarily in organic electronics, this compound functions as a hole-transport material in perovskite solar cells. Its molecular structure supports high thermal stability and efficient charge transport, enhancing device performance and longevity. It is also employed in organic light-emitting diodes (OLEDs) due to its ability to facilitate balanced electron-hole injection. The presence of bromine and extended aromatic systems allows for further functionalization, making it useful in the synthesis of more complex optoelectronic materials.