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 advanced materials. Its arylboronate ester structure provides high stability and reactivity under palladium catalysis, making it valuable in the preparation of conjugated systems such as organic semiconductors and fluorescent dyes. Commonly employed in research settings for the development of OLEDs and other optoelectronic devices due to its ability to incorporate naphthalene-based aromatic units into larger π-conjugated frameworks.