This compound is primarily used as a versatile intermediate in organic synthesis, particularly in the pharmaceutical and agrochemical industries. Its structure, featuring both bromine and fluorine substituents, makes it valuable for constructing complex molecules through cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings. It is also employed in the development of active pharmaceutical ingredients (APIs) where the introduction of fluorine atoms can enhance metabolic stability and bioavailability. Additionally, it serves as a building block for synthesizing fluorinated aromatic compounds, which are critical in materials science for creating advanced polymers and liquid crystals. Its reactivity allows for further functionalization, making it a key component in the design of novel chemical entities.