Used as a key intermediate in the synthesis of pharmaceuticals and agrochemicals, particularly in the development of fluorinated active ingredients. Its structure allows for selective functionalization in drug design, enhancing metabolic stability and bioavailability. Commonly employed in cross-coupling reactions such as Suzuki or Negishi couplings to build complex aromatic systems. Also utilized in the preparation of liquid crystals and functional materials where fluorine substitution improves electronic or thermal properties.