Used as an intermediate in organic synthesis, particularly in cross-coupling reactions such as Suzuki and Stille couplings, enabling the formation of complex dibenzofuran derivatives. These derivatives are valuable in the development of organic electronic materials, including semiconductors and light-emitting compounds used in OLEDs. Also employed in pharmaceutical research for constructing biaryl frameworks with specific electronic or steric properties. Its triflate group enhances reactivity toward palladium-catalyzed transformations, making it a versatile building block in synthetic chemistry.