This chemical is primarily used in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure, featuring carbazole and dioxaborolane groups, makes it an effective electron-transport material, enhancing the efficiency and stability of these devices. Additionally, it serves as a key building block in the synthesis of conjugated polymers and small molecules, which are crucial for creating high-performance optoelectronic materials. Its ability to facilitate charge transport and improve device performance makes it valuable in advancing next-generation display and energy technologies.