Used as an intermediate in the synthesis of liquid crystal materials for display technologies. Its biphenyl structure with a chiral center makes it valuable in producing chiral dopants that help control the twist orientation of liquid crystal molecules. Also employed in the development of organic semiconductors and optoelectronic materials due to its conjugated aromatic system and ability to support charge transport. Additionally, it serves as a building block in pharmaceutical research for creating bioactive molecules with stereochemical specificity.