Used primarily in organic synthesis as a key intermediate in Suzuki-Miyaura cross-coupling reactions. Its boronate ester group enables efficient carbon-carbon bond formation, making it valuable in the preparation of conjugated organic materials such as OLEDs, organic semiconductors, and liquid crystals. The extended π-conjugated system enhances electronic properties, which is beneficial in the development of optoelectronic devices. Commonly employed in research and industrial settings for synthesizing complex aromatic structures with high selectivity and yield.