This compound is widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key intermediate for constructing complex molecules, especially in the pharmaceutical and agrochemical industries. Its boronic acid group facilitates the formation of carbon-carbon bonds, enabling the synthesis of biaryl compounds, which are essential in drug development. Additionally, it is employed in the preparation of advanced materials and organic electronic components due to its ability to modify molecular structures effectively. Its fluorine substituent enhances its reactivity and stability, making it a valuable building block in various chemical processes.