Used in the development of organic light-emitting diodes (OLEDs) due to its excellent hole-transporting properties. It serves as a key component in the fabrication of efficient and stable OLED devices, enhancing their performance and longevity. Additionally, it is employed in the synthesis of advanced organic semiconductors, contributing to the creation of high-performance electronic and optoelectronic devices. Its unique structure also makes it a valuable building block in the design of novel materials for photovoltaic applications, improving the efficiency of solar cells. Furthermore, it is studied for applications in electronic circuits and sensors due to its suitable chemical and physical properties for advanced technologies.