This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, where it acts as a key intermediate. Its boronate ester group enables the formation of carbon-carbon bonds, making it valuable in the production of complex organic molecules, including pharmaceuticals and advanced materials. Additionally, it finds application in the development of organic semiconductors and optoelectronic devices due to its extended aromatic system, which facilitates charge transport and light absorption properties. Its methoxy-substituted aromatic rings further enhance its solubility and reactivity in various organic solvents, making it suitable for diverse synthetic applications.