This chemical is widely used in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its structure makes it an excellent hole-transporting material, which is crucial for enhancing the efficiency and performance of OLED devices. Additionally, it is employed in the fabrication of organic photovoltaic (OPV) cells, where it helps improve charge carrier mobility and overall device stability. Its application extends to organic thin-film transistors (OTFTs) as well, contributing to better electrical properties and device reliability.