This chemical is primarily utilized in organic synthesis, particularly in the development of organic light-emitting diodes (OLEDs). Its structure, featuring a boronic acid group and extended aromatic systems, makes it a valuable building block for creating conjugated polymers and small molecules. These materials are essential for producing efficient and stable light-emitting layers in OLED devices, which are widely used in displays and lighting technologies. Additionally, it serves as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of complex organic compounds for advanced materials research. Its unique properties also make it suitable for applications in organic photovoltaics and sensors, where precise molecular design is critical for performance optimization.