Used as a key intermediate in the synthesis of organic electronic materials, particularly in the production of light-emitting diodes (LEDs) and organic photovoltaics (OPVs). Its boronic acid group enables efficient cross-coupling reactions, such as Suzuki-Miyaura reactions, to create conjugated polymers or small molecules with tailored optoelectronic properties. These materials are essential for developing high-performance displays and energy-efficient solar cells. Additionally, it finds application in the fabrication of organic field-effect transistors (OFETs) due to its ability to form stable and highly ordered thin films, enhancing device performance.