Abstract: This research tries to answer the possible and dynamic mechanisms to improve the technological capacity of domestic companies in ICT industry by the way of international technological strategic cooperation with case study. Starting from the RBV and the existent research on high technology industries, we firstly construct the primary theoretical hypothesis framework. Then, we study the successful case of technological strategic cooperation between Ningbo Sunny Opotech and OmniVersion (OV). Finally, we propose the proper model of technological strategic cooperation for ICT industry. Our results reveal that: the intension of risk aversion is the second driving factor of establishing the strategic cooperation following the complement of dominant resources; the interests-based factors caused by win-win cooperation strengthen the mutual trust in the progress of cooperation; and the industrial characteristics with high uncertainty make the risk prevention mechanism substitute the mechanism of relation-specific investment, which is beneficial to consolidate the cooperation relationship. The significances of this research lie in the four aspects. The first is that a great deal of interview data presented in the research provides the first hand materials for understanding technological strategic cooperation. The second is that the cooperation between Sunny Opotech and OV shows the feasibility and the dynamic mechanism. The third is that it helps us to further understand the theories of technological strategic cooperation suitable to ICT industry.