Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in organic synthesis. Particularly valuable in the preparation of conjugated organic materials such as OLEDs and organic semiconductors. Its naphthalene and phenyl groups enhance π-conjugation, making it suitable for applications in optoelectronic devices. Also employed in the synthesis of complex aromatic frameworks for pharmaceuticals and agrochemicals due to its stability and reactivity as a boronic ester.