This chemical is primarily used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its unique combination of halogen atoms (bromine, fluorine, and iodine) makes it a versatile building block for constructing complex molecules. It is often employed in cross-coupling reactions, such as Suzuki or Sonogashira couplings, to create aromatic compounds with specific functional groups. Additionally, it serves as a precursor in the development of materials for electronic devices, including organic semiconductors and liquid crystals. Its halogen substituents also make it useful in the study of reaction mechanisms and in the synthesis of labeled compounds for research purposes.