Used primarily in organic synthesis, this compound serves as a versatile intermediate in the preparation of complex molecules. It is particularly valuable in the pharmaceutical industry for the development of active pharmaceutical ingredients (APIs), where its halogen substituents facilitate various coupling reactions, such as Suzuki or Sonogashira couplings. Additionally, it is employed in the synthesis of agrochemicals, contributing to the creation of herbicides and pesticides. In materials science, it is utilized in the production of organic electronic materials, including polymers and small molecules for optoelectronic devices. Its unique structure allows for precise modifications, making it a key component in research and industrial applications.