This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. Its stability and reactivity make it suitable for forming carbon-carbon bonds, especially in the synthesis of biaryl compounds. Additionally, it is employed in the development of organic light-emitting diodes (OLEDs) and other optoelectronic materials due to its ability to introduce fluorenyl groups into molecular structures. Its application extends to polymer chemistry, where it aids in creating specialized polymers with tailored properties.