This chemical is primarily utilized in organic synthesis as a key intermediate for the preparation of more complex molecules. Its boronate ester group makes it valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the pharmaceutical and materials science industries to form carbon-carbon bonds. The presence of fluorine atoms enhances its reactivity and selectivity, making it useful in the development of fluorinated compounds, which are often sought after for their stability and biological activity. Additionally, it can be used in the synthesis of advanced materials, such as organic semiconductors or liquid crystals, due to its ability to modify electronic properties and molecular interactions.