Used as a key intermediate in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions for the construction of conjugated organic materials. It serves in the development of organic semiconductors, OLEDs (organic light-emitting diodes), and OFETs (organic field-effect transistors) due to its ability to form extended π-conjugated systems. The presence of dual boronate ester groups allows for selective and efficient coupling with aryl halides, enabling precise molecular engineering of high-performance electronic materials. Commonly employed in the synthesis of deep-blue emitters and host materials in display technologies.