Used as a key intermediate in the synthesis of advanced organic semiconductors and liquid crystal materials. Its rigid biphenyl core with iodo substituents makes it suitable for cross-coupling reactions, particularly in forming conjugated systems for optoelectronic devices. Commonly employed in the preparation of organic light-emitting diodes (OLEDs) and thin-film transistors due to its ability to promote molecular planarity and charge transport efficiency. Also utilized in pharmaceutical research as a building block for bioactive molecules requiring sterically hindered aromatic frameworks.