This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it serves as a key building block for creating complex biaryl structures. Its boronic acid group enables efficient coupling with aryl halides, making it valuable in the production of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the development of organic electronic materials and liquid crystals due to its ability to introduce fluorine and bromine substituents into aromatic systems, which can modify electronic properties and stability. Its applications also extend to the synthesis of bioactive molecules and intermediates in drug discovery.