This chemical is primarily used in the development of organic light-emitting diodes (OLEDs) due to its excellent photophysical properties. It serves as a key component in the emissive layer, enhancing the efficiency and stability of the device. Additionally, it is utilized in the synthesis of advanced materials for optoelectronic applications, contributing to improved performance in displays and lighting technologies. Its unique structure also makes it a candidate for research in organic semiconductors and photovoltaic cells.