Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic molecules, particularly in the development of organic light-emitting diodes (OLEDs). Its anthracene and naphthalene moieties contribute to extended π-conjugation, making it valuable in the design of fluorescent materials and optoelectronic devices. Commonly employed in the preparation of organic semiconductors and luminescent sensors due to its stability and efficient charge transport properties.