Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in the development of conjugated polymers and organic electronic materials. Its boronate ester groups facilitate efficient carbon-carbon bond formation, making it valuable in the preparation of organic semiconductors, OLEDs, and photovoltaic materials. Commonly employed in research and industrial settings for constructing extended π-conjugated systems due to its stability and reactivity in palladium-catalyzed reactions.