This chemical is primarily utilized in the development of organic semiconductors, particularly in the field of organic photovoltaics (OPVs) and organic field-effect transistors (OFETs). Its structure, featuring conjugated systems and electron-deficient units, makes it highly effective in facilitating charge transport and improving the efficiency of light absorption in solar cells. Additionally, it is employed in the synthesis of conjugated polymers and small molecules for use in electronic devices, where its boronate ester groups enable precise tuning of electronic properties. Its application extends to the creation of advanced materials for flexible and lightweight electronics, contributing to innovations in wearable technology and energy harvesting systems.