Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in cross-coupling reactions such as Suzuki or Stille couplings, where the bromo and iodo groups allow selective functionalization. The presence of both halogens enables sequential reaction steps, offering flexibility in building complex organic molecules. The electron-withdrawing trifluoromethyl group enhances stability and influences reactivity, making it valuable in the development of bioactive compounds and functional materials.