Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of complex organic molecules. Particularly valuable in pharmaceutical and agrochemical industries for constructing fluorinated aromatic systems, which can enhance metabolic stability and bioavailability of active ingredients. Its boronate ester group facilitates efficient and selective coupling under mild conditions, making it suitable for late-stage functionalization in drug development. Also employed in materials science for designing organic semiconductors and luminescent compounds due to the electron-rich and rigid naphthalene backbone.