Used as a phosphorescent emitter in organic light-emitting diodes (OLEDs), particularly in the fabrication of high-efficiency green dopants for display and lighting technologies. Its strong spin-orbit coupling due to the iridium metal center enables efficient triplet harvesting, resulting in high quantum yields. Commonly employed in the emissive layer of OLED devices, it contributes to improved device performance, including brightness, color purity, and operational stability. Also investigated in solution-processed OLEDs, photovoltaic materials, light-sensitive sensors, and used as a model compound for studying photophysical behavior in cyclometalated iridium complexes.