Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex aromatic and biaryl compounds in pharmaceutical and agrochemical development. Its boron-containing structure allows for efficient carbon-carbon bond formation under mild conditions. Commonly employed in the preparation of active pharmaceutical ingredients (APIs) and functional materials due to its stability and reactivity profile. Also utilized in the construction of conjugated organic frameworks for optoelectronic applications.