This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent electroluminescent properties. It serves as a key component in the emissive layer, enhancing the efficiency and brightness of the display. Additionally, it is employed in the synthesis of advanced materials for optoelectronic devices, contributing to improved performance in applications such as flexible screens and lighting solutions. Its stability and ability to emit light make it a valuable material in the field of organic electronics.