This chemical is primarily used in the field of organic electronics due to its excellent photophysical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it acts as a light-emitting material. Its ability to efficiently transport charge and emit light makes it suitable for use in display technologies and lighting applications. Additionally, it is utilized in the fabrication of organic photovoltaic (OPV) cells, contributing to the conversion of solar energy into electricity. Its stability and performance under various conditions also make it a candidate for use in sensors and other optoelectronic devices.