Used primarily in the field of organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs). Its ability to facilitate efficient electron transport makes it valuable in enhancing the performance and stability of OLED displays and lighting systems. Additionally, it is utilized in the synthesis of advanced organic semiconductors, contributing to innovations in flexible electronics and optoelectronic devices. Its unique molecular structure also allows for potential applications in photovoltaics, where it can improve the efficiency of solar cells.