This chemical is primarily utilized in the development of organic light-emitting diodes (OLEDs) due to its excellent electroluminescent properties. It serves as a key component in the emissive layer of OLED devices, enhancing their efficiency and stability. The compound's unique structure allows for effective hole-transporting capabilities, making it suitable for use in high-performance display technologies and lighting applications. Additionally, its spirobifluorene core contributes to improved thermal and morphological stability, which is crucial for the longevity of OLED-based products.