Widely used in organic electronics, this compound serves as a key intermediate in the synthesis of hole-transport materials for OLEDs (organic light-emitting diodes). Its boronic ester group enables efficient Suzuki-Miyaura cross-coupling reactions, allowing the construction of complex conjugated systems essential for high-performance optoelectronic devices. It is particularly valued in the development of blue-emitting materials and host compounds in phosphorescent OLEDs due to its excellent thermal stability and tunable electronic properties. Additionally, it plays a role in the fabrication of organic photovoltaics and perovskite solar cells as a building block for charge-transport layers.