This compound is primarily utilized in the field of organic electronics due to its excellent optoelectronic properties. It is commonly employed as a key material in the fabrication of organic light-emitting diodes (OLEDs), where it functions as an efficient emitter or host material in the emissive layer. Its ability to facilitate charge transport and exhibit strong luminescence makes it suitable for use in display technologies and lighting applications. Additionally, its stability and performance in thin-film devices have led to its exploration in organic photovoltaic cells, where it contributes to improving energy conversion efficiency. Researchers also investigate its potential in sensors and other advanced electronic devices due to its unique electronic structure and responsiveness to external stimuli.