Used primarily in organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs). Its structure allows for efficient light emission, making it valuable in the creation of high-performance display screens and lighting solutions. Additionally, it is utilized in research focused on improving the efficiency and stability of organic semiconductors. Its unique properties also make it a candidate for use in sensors and photovoltaic devices, contributing to advancements in renewable energy technologies.