This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent electroluminescent properties. Its unique structure allows for efficient charge transport and high thermal stability, making it a suitable candidate for use in the emissive layer of OLED devices. Additionally, it is explored in the field of organic photovoltaics (OPVs) as a potential material for enhancing light absorption and energy conversion efficiency. Researchers also investigate its applications in organic field-effect transistors (OFETs) for its semiconducting characteristics, which contribute to improved device performance. Its versatility in organic electronics highlights its potential in advancing next-generation optoelectronic technologies.