Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of drugs targeting various diseases. Plays a crucial role in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in complex organic molecules. Applied in the production of agrochemicals, contributing to the creation of herbicides and pesticides. Utilized in material science for the development of organic electronic materials, such as semiconductors and light-emitting diodes (LEDs). Also employed in research laboratories for the study of boron-containing compounds and their reactivity.