“…In spite of having similar structure, compounds based on 2,5‐diphenyl‐1,2,4‐oxadiazole units are not much explored either in the area of liquid crystals or in the area of OLEDs in comparison to substituted 1,3,4‐oxadiazole derivatives . Asymmetrical nature of 2,5‐diphenyl‐1,2,4‐oxadiazole derivatives provide a strong lateral dipole, which stabilizes different LC phases in comparison to their 1,3,4‐oxadiazole isomer . In addition, the bent angle is 141° which is more than that of 1,3,4‐oxadiazole derivative (bent angle of 134°), which in turn provides a much linear structure, thus helping in the mesophase stabilization.…”