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The purpose of this research to empirically investigate the effect of supplier development programs on technology competency and grasp the mediating effect of strategic partnership, from the supplier’s perspective. This study thus aims at propose a relevant model based on theoretical background and empirically investigate it. The result also showed that supplier development programs have positive and direct impact on supplier’s technology competency improvement. Which means that buyer’s effort for supplier development programs is significant factor for supplier’s technological competency, and supplier development programs should include education and training, financial support, and evaluation that based on mutual trust. Also, the study showed that strategic partnership mediates the relationship between supplier development programs and supplier’s capability improvement. Given that supplier’s improvement in technology competency cannot be achieved in short-term period, there require rather long-term support for the supplier. Specifically, financial support from the buyer side is not the only suggestive factor, but there also require efficient supplier evaluation system, as well as system for knowhow and information sharing. Practitioners should know that such support and improvement from it cannot be achieved without mutual trust in the relationship.