This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs). It serves as a hole-transport material, enhancing the efficiency and performance of OLED devices by facilitating the movement of positive charges within the layers of the device. Its structure allows for improved stability and conductivity, making it suitable for use in high-performance display technologies. Additionally, it is explored in the fabrication of organic photovoltaic cells, where it helps in optimizing charge transport and improving the overall energy conversion efficiency. Its application is crucial in advancing the development of next-generation, energy-efficient electronic devices.