Used as a key intermediate in the synthesis of organic electronic materials, particularly for organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure enables efficient charge transport and light emission, making it valuable in the development of high-performance optoelectronic devices. Additionally, it serves as a building block in the creation of conjugated polymers and small molecules for advanced material applications. Its boronate ester groups facilitate cross-coupling reactions, enhancing its utility in organic synthesis.