Used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, to create complex biaryl structures. These structures are valuable in pharmaceuticals, agrochemicals, and materials science. Acts as a key intermediate in the development of organic electronic materials, such as OLEDs and semiconductors, due to its ability to form stable conjugated systems. Also employed in the preparation of polymers and advanced materials with specific optical and electronic properties. Its boronic acid group enables efficient and selective coupling with various aryl halides, making it a versatile building block in synthetic chemistry.