Used as a hole-transporting material in organic light-emitting diodes (OLEDs), this compound helps improve device efficiency and stability. Its structure supports good thermal stability and film-forming properties, making it suitable for use in blue phosphorescent OLEDs. It is also employed in perovskite solar cells as a key component in the hole-transport layer, contributing to enhanced power conversion efficiency. Due to its high glass transition temperature and suitable energy levels, it enables effective hole injection and reduces energy loss in optoelectronic devices.