This chemical is primarily used in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its unique structure allows for efficient charge transport and high luminescence, making it a valuable component in the emissive layer of OLED devices. Additionally, it is utilized in the fabrication of organic photovoltaic cells (OPVs) due to its ability to enhance light absorption and improve energy conversion efficiency. Its stability and optoelectronic properties also make it suitable for use in organic field-effect transistors (OFETs), contributing to advancements in flexible and lightweight electronic devices.