Used as a hole-transporting material in organic light-emitting diodes (OLEDs), this compound contributes to improved device efficiency and stability. Its rigid, twisted molecular structure helps suppress unwanted aggregation, reducing emission quenching in solid-state applications. It is also employed in blue-emitting OLEDs due to its wide energy bandgap and good thermal stability. Additionally, it serves as a host or assistant host in emissive layers, enhancing electron-hole balance and facilitating efficient exciton formation. Its derivatives are explored in organic photovoltaics and perovskite solar cells for interfacial modification and charge transport enhancement.