This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a key building block for creating complex organic molecules, especially in the pharmaceutical and materials science industries. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable for synthesizing biphenyl derivatives, which are often used in drug development and advanced materials. Additionally, it can be employed in the production of liquid crystals, which are essential components in display technologies like LCDs. Its fluorine substituent further enhances its utility by influencing the electronic properties of the resulting compounds, making it suitable for designing molecules with specific reactivity or functionality.