Used as a key intermediate in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions to construct complex aromatic systems. Its boronate ester group enables efficient carbon-carbon bond formation, making it valuable in the development of organic electronic materials such as OLEDs and organic semiconductors. The presence of extended aromatic frameworks enhances conjugation, which is beneficial for tuning optoelectronic properties. Commonly employed in research settings for synthesizing luminescent compounds and conjugated polymers.