Used as a key intermediate in the synthesis of fluorinated organic semiconductors, particularly in the development of n-type and ambipolar materials for organic field-effect transistors (OFETs). Its strong electron-withdrawing nature due to the tetrafluoro substitution enhances electron affinity, improving device performance and air stability. Also employed in the preparation of functional dyes and fluorescent probes where fluorination increases photostability and alters emission properties. Additionally, it serves as a building block in pharmaceutical research for constructing rigid, lipophilic scaffolds that can influence bioavailability and metabolic stability in drug candidates.