Used as an intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of herbicides and fungicides. Its halogen and alkoxy functional groups allow for selective cross-coupling reactions, making it valuable in building complex organic molecules. Commonly employed in Suzuki and Ullmann reactions to form carbon-carbon and carbon-heteroatom bonds. Also utilized in the preparation of liquid crystals and organic semiconductors due to its stable aromatic framework and polarity.