Used in organic synthesis as a key intermediate for the preparation of more complex molecules. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, which are widely employed in the pharmaceutical industry to create carbon-carbon bonds in drug development. This compound is also utilized in the synthesis of fluorinated aromatic compounds, which are important in the production of agrochemicals and materials with specific electronic properties. Additionally, it serves as a building block in the creation of advanced materials, such as organic light-emitting diodes (OLEDs) and liquid crystals, due to its unique fluorinated structure.