Used in Suzuki-Miyaura cross-coupling reactions to synthesize conjugated organic compounds, particularly in the development of organic electronic materials and liquid crystals. Serves as a key building block in polymer chemistry for creating functionalized polymers with tailored electronic properties. Also applied in the preparation of sensors and molecular recognition systems due to its boronate ester group, which can be selectively deprotected to form boronic acids for bioconjugation or sensing applications. Stable and easy to handle, making it suitable for multi-step syntheses in pharmaceutical and agrochemical research.