This chemical is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key building block for creating complex organic molecules, often in the pharmaceutical industry for drug development. Its boronic acid group enables it to form carbon-carbon bonds efficiently, making it valuable in constructing biaryl compounds. Additionally, it is utilized in materials science for designing advanced polymers and electronic materials. Its specific fluorine and bromine substituents enhance its reactivity and selectivity in various chemical transformations.