In the last years an increasing number of mobile electronic products was launched to the market like mobile communicators, combining the RF fimctions of a mobile phone and the complexity of a palm top computer. Inside these devices there is less and less space for the electronic system while packaging density and operating frequencies are constantly increasing. Additionally the product life time is going down, requiring short design cycles and a production at low-cost based on well established technologies. These trends are a strong challenge for microelectronic packaging and assembly technology.An advanced packaging concept will be presented, the Chip in Polymer technology, which aims to face the above mentioned challenges. It is based on the embedding of ultra thin semiconductor chips into the build-up layers of printed circuit boards together with integrated passive components.Processing issues with regard to registration tolerances between embedded chips an metal lines will be discussed. First results of the formation of integrated resistors will be shown, using electrolessly deposited NIP layers. The embedding technology will put into relation to common interconnection technologies regarding expected RF properties and system design aspects. Basic thermomechanical properties of a first technology demonstrator, a stackable chip scale package, will be discussed using finite element modeling.