This chemical is widely used in the field of organic electronics, particularly in the development of optoelectronic devices. It serves as a key component in organic light-emitting diodes (OLEDs) due to its excellent hole-transporting properties, which enhance the efficiency and performance of these devices. Additionally, it is utilized in the fabrication of organic photovoltaic cells (OPVs) to improve charge carrier mobility and overall energy conversion efficiency. Its stability and ability to form thin films make it suitable for use in advanced display technologies and solar energy applications. Furthermore, it is explored in research for potential use in organic field-effect transistors (OFETs) and other semiconductor devices.