This compound is primarily utilized in advanced materials research, particularly in the development of organic semiconductors. Its unique structure and electronic properties make it suitable for use in organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). The compound’s ability to facilitate efficient charge transport and its stability under operational conditions enhance the performance of these devices. Additionally, it is explored in the field of optoelectronics for its potential in creating high-efficiency, low-cost electronic components. Its application is also being investigated in the design of novel phosphorescent materials for display technologies and lighting systems.