Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of fluorinated active pharmaceutical ingredients (APIs) where the bromo and fluoro substituents allow for selective cross-coupling reactions. Its structure supports the introduction of complex functional groups through palladium-catalyzed reactions like Suzuki or Heck couplings. Commonly employed in agrochemicals for creating herbicides and fungicides due to enhanced lipophilicity and metabolic stability imparted by the trifluoromethyl and fluoro groups. Also utilized in materials science for designing organic semiconductors and liquid crystals where electronic properties are fine-tuned by halogen substitution.