This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its structure is advantageous for creating efficient and stable blue light-emitting materials, which are crucial for full-color displays. Additionally, it serves as a key intermediate in the synthesis of complex organic molecules used in photovoltaics, contributing to the advancement of solar cell technologies. Its unique electronic properties also make it a candidate for use in organic semiconductors, enhancing the performance of various electronic devices.