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 aromatic systems for applications in pharmaceuticals, agrochemicals, and materials science. Its structural stability and reactivity make it suitable for constructing complex organic frameworks, including those found in organic light-emitting diodes (OLEDs) and other optoelectronic devices. Commonly employed in research and development for synthesizing naphthalene-based derivatives with tailored electronic properties.