Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals, this compound serves as a building block in cross-coupling reactions such as Suzuki and Heck reactions. Its multiple halogen substituents allow for selective functionalization, enabling the stepwise construction of complex organic molecules. It is particularly valuable in the development of fluorinated bioactive compounds, where the presence of fluorine can enhance metabolic stability and binding affinity. Additionally, it finds use in materials science for the preparation of organic semiconductors and liquid crystals due to its ability to influence electronic properties and molecular packing.