Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated organic compounds. Its halogen substituents allow for selective cross-coupling reactions, making it valuable in building complex molecules for drug discovery and materials science. Commonly employed in palladium-catalyzed reactions such as Suzuki or Heck couplings to introduce aromatic frameworks in target compounds. Also utilized in the preparation of liquid crystals and functionalized aromatic systems for electronic materials.