Used primarily in organic synthesis, this compound serves as a key intermediate in the preparation of conjugated polymers and small molecules for organic electronics. Its boronic acid groups enable it to participate in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds. This makes it valuable in the development of materials for organic light-emitting diodes (OLEDs), organic photovoltaics (OPVs), and organic field-effect transistors (OFETs). Additionally, its incorporation into polymers enhances their electronic properties, making them suitable for applications in flexible and lightweight electronic devices. The compound’s ability to fine-tune the optical and electrical characteristics of materials is crucial for advancing next-generation optoelectronic technologies.