Used primarily in organic synthesis as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of biaryl and heteroaryl structures important in pharmaceutical and materials chemistry. Its boronate ester functionality allows for efficient carbon-carbon bond formation under mild conditions. Commonly applied in the development of conjugated organic semiconductors, OLEDs, and molecular electronic materials due to its extended π-conjugation and stability. Also utilized in the synthesis of complex polyaromatic systems for research in optoelectronic devices and functional polymers.