Used primarily in organic semiconductor research, this compound serves as a key intermediate in the synthesis of advanced spiro-conjugated materials. Its rigid spirocyclic framework enhances thermal stability and influences charge transport properties, making it valuable in the development of OLEDs and perovskite solar cells. The nitro group allows for further functionalization, enabling fine-tuning of electronic characteristics in conjugated systems. It is also explored in optoelectronic devices due to its potential to improve electron injection and device efficiency.