The purpose of this study intends to explore the relationship among five major precursor factors, interdependence, mutual trust, behavioral intentions, and business performance in the semiconductor industry in Hsinchu Science Park. The findings are threefold. First, both relationship termination costs and relationship benefits are important to enhance business interdependence. Second, shared value, communication, and opportunistic behavior are critical to strengthen business mutual trusts. Finally, both interdependence and mutual trusts have positive impacts on behavior intentions to build relationship, which leads to improving business performance.