This chemical is primarily utilized in the field of organic electronics and materials science, particularly in the development of organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure, featuring a boronate ester group, makes it a valuable intermediate in Suzuki-Miyaura cross-coupling reactions, which are widely employed to synthesize conjugated polymers and small molecules for optoelectronic applications. The biphenyl and aniline moieties contribute to its ability to form stable, high-performance organic semiconductors, enhancing charge transport properties in devices. Additionally, it is used in the fabrication of hole-transporting materials, which are critical components in improving the efficiency and stability of OLED displays and solar cells.