Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of conjugated organic materials. It plays an important role in the development of organic semiconductors, particularly in the fabrication of blue-emitting materials for OLEDs (organic light-emitting diodes). Its naphthyl and carbazole moieties contribute to high thermal stability and efficient hole transport, making it suitable for use in optoelectronic devices such as organic photovoltaics and field-effect transistors. Commonly employed in research settings to build complex aromatic frameworks for advanced material science applications.