Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of conjugated organic materials. It is particularly valuable in the development of organic light-emitting diodes (OLEDs), where it helps construct electron-transport layers or emissive materials due to its stable benzimidazole core and extended π-conjugation. Its boronate ester group enables efficient carbon-carbon bond formation, making it useful in creating complex aromatic frameworks for optoelectronic devices. Also employed in the preparation of fluorescent sensors and organic semiconductors.