This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical industry. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for creating drug candidates or bioactive compounds. Additionally, it is utilized in materials science for developing organic electronic materials, such as polymers or small molecules for OLEDs or sensors. The fluorine atom in its structure can enhance the stability and reactivity of the resulting products, making it a versatile building block in various research and industrial applications.