This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its structure and properties make it an effective material for use as a hole-transporting layer in OLED devices, enhancing their efficiency and stability. Additionally, it is employed in the synthesis of advanced organic semiconductors, contributing to the improvement of charge carrier mobility in various electronic components. Its application extends to research and development of new materials for optoelectronic devices, where its unique characteristics are leveraged to optimize performance.