Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions for the synthesis of conjugated organic materials, particularly in the development of liquid crystal compounds and organic semiconductors. Its aldehyde and boronate functional groups allow dual reactivity, enabling sequential or selective transformations to build complex aromatic frameworks. Commonly employed in the preparation of advanced intermediates for pharmaceuticals, agrochemicals, and OLED materials due to its structural rigidity and electronic properties.