Used in organic synthesis as a key intermediate for cross-coupling reactions, particularly in Suzuki-Miyaura coupling, to create complex organic molecules. Applied in pharmaceutical research for developing drug candidates, especially in the synthesis of bioactive compounds. Utilized in material science for designing advanced polymers and organic electronic materials. Plays a role in the preparation of boron-containing compounds for optoelectronic applications. Also employed in the development of fluorescent probes and sensors for biological and chemical detection.