This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its unique structure allows it to function as an efficient hole-transporting material, enhancing the performance and efficiency of OLED devices. Additionally, it is employed in the fabrication of organic photovoltaics (OPVs), where it contributes to improving charge carrier mobility and overall device stability. Its application extends to research and development of advanced materials for optoelectronic devices, offering potential for innovation in display technologies and renewable energy solutions.