Used primarily in organic synthesis as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of conjugated systems for advanced materials. Commonly applied in the development of organic semiconductors, OLEDs, and conjugated polymers due to its ability to link aromatic units efficiently. Its boronate ester group facilitates palladium-catalyzed coupling with aryl halides, making it valuable in pharmaceutical and agrochemical research for building complex molecular architectures. Also employed in the synthesis of liquid crystals and molecular sensors where extended π-conjugation is required.