This compound is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). Its structure is designed to enhance charge transport properties, making it an effective material for use as a hole-transport layer in OLED devices. The compound’s ability to efficiently transport holes contributes to improved device performance, including higher efficiency and longer operational lifetimes. Additionally, it is explored in the fabrication of organic photovoltaic cells, where its properties aid in optimizing charge separation and transport, thereby enhancing the overall energy conversion efficiency. Its application in these advanced technologies underscores its importance in the ongoing evolution of flexible and energy-efficient electronic devices.