Used primarily as a key intermediate in the synthesis of liquid crystal compounds for display technologies. Its rigid cyclohexyl and aromatic structure with an iodine functional group makes it valuable in forming stable, anisotropic materials used in LCDs. The iodo group allows for further cross-coupling reactions, enabling the construction of complex mesogenic molecules. It is also employed in organic semiconductors and optoelectronic materials due to its ability to promote charge transport when incorporated into larger conjugated systems.