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. Its boronate ester group facilitates palladium-catalyzed coupling with aryl or vinyl halides, making it valuable in pharmaceutical, agrochemical, and materials science research. Particularly useful for introducing fluorinated aromatic moieties into target compounds, enhancing metabolic stability and lipophilicity in drug design. Also applied in the development of organic semiconductors and fluorescent dyes due to the naphthalene backbone’s electronic properties.