Triarylboron compounds are significant optoelectronic materials due to their excellent emissive and electron-transport properties, and could be applied in organic light-emitting diodes as emissive and/or electron-transport layers. Triarylboron compounds have vacant p orbital and have received increasing interest as fluoride ion and cyanide ion sensors utilizing specific Lewis acid-base interaction. This review summarizes their structural characteristics, optical properties and applications in chemosensors for anions and optoelectronic devices developed in recent years and discusses the problems and prospects.