This chemical is widely used in organic synthesis, particularly in the preparation of organic electronic materials. It serves as a key intermediate in the production of organic light-emitting diodes (OLEDs) and other optoelectronic devices due to its ability to form stable and efficient charge-transporting materials. Its boronic acid group enables it to participate in Suzuki-Miyaura cross-coupling reactions, which are essential for constructing complex organic molecules with high precision. Additionally, it is utilized in the development of fluorescent dyes and sensors, where its carbazole moiety contributes to strong luminescence and stability. Its applications also extend to the field of polymer chemistry, where it is used to create advanced polymeric materials with tailored electronic properties.