This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a boronic ester reagent, enabling the formation of carbon-carbon bonds in the presence of a palladium catalyst. This reaction is widely applied in the pharmaceutical industry for the synthesis of complex molecules, including drug intermediates and active pharmaceutical ingredients (APIs). Additionally, it finds utility in material science for the development of organic electronic materials, such as OLEDs and organic semiconductors, due to its ability to introduce fluorine-containing aromatic groups into molecular structures. Its stability and reactivity make it a valuable tool in the construction of advanced chemical compounds.