Widely used in cross-coupling reactions, this compound serves as a key building block in the synthesis of conjugated organic materials. It is particularly valuable in Suzuki-Miyaura coupling, enabling the formation of biaryl structures that are essential in pharmaceuticals, agrochemicals, and organic electronic materials. Due to its stability and reactivity, it facilitates the efficient construction of complex aromatic systems used in OLEDs, semiconductors, and liquid crystals. Its boronate ester groups allow for mild reaction conditions and high functional group tolerance, making it ideal for late-stage functionalization in drug discovery and materials science.