This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for creating complex organic molecules, often in the pharmaceutical and agrochemical industries. Its boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biaryl structures, which are common in many active pharmaceutical ingredients. Additionally, it may be employed in the development of materials for organic electronics, such as OLEDs, due to its ability to form stable conjugated systems. Its fluorine and methyl substituents can influence the electronic properties of the final product, making it valuable for fine-tuning molecular characteristics.