Used primarily in organic electronics, this compound serves as a hole-transport material in OLED (organic light-emitting diode) devices. Its molecular structure supports efficient charge transport and high thermal stability, making it suitable for use in display technologies and solid-state lighting. It is also employed in perovskite solar cells to improve device efficiency and stability by facilitating effective hole extraction. Additionally, it acts as a precursor or dopant in semiconductor layers where energy level alignment is critical for optimal device performance.