Used as a key intermediate in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions for the construction of conjugated organic materials. It plays an important role in the development of organic semiconductors, OLEDs (organic light-emitting diodes), and perovskite solar cells due to its ability to form extended π-conjugated systems. The boronate ester groups enable efficient and selective coupling with aryl halides, making it valuable in the synthesis of hole-transport materials and emissive layer components in optoelectronic devices. Its octyl chain enhances solubility in organic solvents, facilitating solution-processing techniques used in thin-film device fabrication.