This chemical is primarily utilized in the development of organic semiconductors and electronic materials. Its structure, featuring boronate ester groups, makes it a valuable component in the synthesis of conjugated polymers, which are essential for organic field-effect transistors (OFETs) and organic photovoltaics (OPVs). The compound's ability to facilitate π-conjugation enhances charge carrier mobility, making it suitable for high-performance electronic devices. Additionally, it is employed in the fabrication of organic light-emitting diodes (OLEDs) and sensors due to its optoelectronic properties. Its role in cross-coupling reactions also contributes to the creation of advanced materials with tailored electronic characteristics.