Integrated circuit packaging system with carrier and method of manufacture thereof

1. An integrated circuit packaging system comprising:

a carrier having a top side and a bottom side;

an edge terminal pad on the top side and an inner terminal pad on the bottom side;

an integrated circuit die connected to an inner portion of the edge terminal pad;

a first encapsulation to cover the integrated circuit die and the inner portion of the edge terminal pad with the outer portion of the edge terminal pad exposed;

a substrate having a hole;

the integrated circuit packaging system on the substrate and over the hole;

the outer portion of the edge terminal pad connected to the substrate;

a second encapsulation to cover the integrated circuit packaging system on the substrate; and

a device on the bottom side in the hole.

2. The system as claimed in claim 1 further comprising:

an interposer having a boundary terminal pad and an interior terminal pad;

the interposer on the integrated circuit die;

the boundary terminal pad connected to the inner portion of the edge terminal pad; and

the first encapsulation to cover the interposer with the interior terminal pad exposed.

3. The system as claimed in claim 1 further comprising:

a first device on the substrate;

a second encapsulation to cover the first device on the substrate.

4. The system as claimed in claim 1 wherein:

the carrier having the top side and the bottom side has a bond site;

the edge terminal pad on the top side is a bond finger and the inner terminal pad on the bottom side is in a central portion of the bottom side;

the integrated circuit die connected to the inner portion of the edge terminal pad is mounted on the top side; and

the first encapsulation to cover the integrated circuit die and the inner portion of the edge terminal pad with the outer portion of the edge terminal pad exposed.

5. The system as claimed in claim 4 further comprising:

an interposer having a boundary terminal pad and an interior terminal pad;

the interposer on the integrated circuit die;

the boundary terminal pad connected to the inner portion of the bond finger;

the first encapsulation to cover the interposer with the interior terminal pad exposed.

6. The system as claimed in claim 4 further comprising an array of inner terminal pads in the central portion on the bottom side.

7. The system as claimed in claim 4 further comprising:

an interposer having a boundary terminal pad and an array of interior terminal pads;

the interposer on the integrated circuit die;

the boundary terminal pad connected to the inner portion of the bond finger; and

the first encapsulation to cover the interposer with the interior terminal pads exposed.

8. The system as claimed in claim 4 further comprising an external interconnect attached to the inner terminal pad.