Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of conjugated organic semiconductors. Its boronate ester group enables efficient carbon-carbon bond formation, making it valuable in the development of organic electronic materials such as organic light-emitting diodes (OLEDs), organic photovoltaics (OPVs), and thin-film transistors. The presence of the electron-withdrawing nitrile group enhances the electronic properties of the resulting polymers or small molecules, improving charge transport and device performance. Commonly employed in research and industrial settings for fabricating advanced optoelectronic devices.