This compound is primarily used in the field of organic light-emitting diodes (OLEDs) due to its phosphorescent properties. It serves as an efficient emitter material, enabling the production of high-quality, energy-efficient displays and lighting solutions. Its unique structure allows for tuning of emission colors, making it suitable for applications in full-color displays. Additionally, it is utilized in advanced optoelectronic devices, contributing to the development of next-generation technologies in the electronics industry.