This chemical is primarily used in organic synthesis, particularly in the development of organic light-emitting diodes (OLEDs) and other optoelectronic devices. Its structure, featuring a carbazole core and a boronate ester group, makes it a valuable intermediate in cross-coupling reactions, such as Suzuki-Miyaura coupling. These reactions are essential for creating conjugated polymers and small molecules with tailored electronic properties. Additionally, it is employed in the synthesis of advanced materials for photovoltaic applications, where its ability to facilitate precise molecular design enhances the efficiency of solar cells. Its role in these cutting-edge technologies underscores its importance in the field of materials science.