Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the synthesis of complex organic compounds, particularly in pharmaceuticals and agrochemicals. Its boronic ester group facilitates the formation of carbon-carbon bonds, making it valuable in creating biaryl structures. Commonly employed in the development of active pharmaceutical ingredients (APIs) and fine chemicals. Also utilized in material science for the preparation of organic semiconductors and conjugated polymers, which are essential in electronic devices like OLEDs and solar cells. Its stability and reactivity make it a preferred choice in organic synthesis and industrial applications.