γ-Au 3 Zn 7 and γ 2 -AuZn 3 formed as band-shaped phases in solder after reflow process. During 175°C ageing, γ and γ 2 transformed to γ 3 -AuZn 4 and finally (Zn) phase precipitated out next to ɛ-AuZn 8 . Ni 5 Zn 21 formed in the bond-pad interface. There were (Zn)-free zones near intermetallic compound (IMC) regions after certain ageing period. Ni could diffuse through the (Zn)-free zone and react with Au–Zn IMC and formed a new (Ni, Au)Zn 4 ternary phase. The rest part of Au–Zn IMC such as γ 3 -AuZn 4 transferred toward Au-rich IMC as γ 2 -AuZn 3 and then γ-Au 3 Zn 7 phase. According to the results of this study, the existence of reflowed eutectic (Zn) phase is the key factor to maintain the different phase equilibrium in the Sn–Zn solder.