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, particularly in pharmaceuticals and agrochemicals. Its boron-containing structure allows for efficient and selective coupling with aryl halides under mild conditions. Commonly employed in the development of conjugated materials for organic electronics, such as OLEDs and semiconducting polymers. Also utilized in medicinal chemistry for constructing biaryl scaffolds found in bioactive compounds.