During his tenure with Macronix, Chih-Yuan Lu's major achievements have been his strong visionary leadership and many technical and manufacturing breakthroughs in innovative non-volatile memory.

Chih-Yuan Lu has published over 500 scientific and technical publications as well as more than 160 granted invention patents. He is a Fellow of Institute of Electrical and Electronics (IEEE) and a Fellow of American Physical Society (APS). Chih-Yuan Lu was also awarded a Fellow by Chinese Society for Management of Technology. He had served as an Editor of IEEE Transactions on Electron Devices for 15 years and has received many honorary awards including 2012 IEEE Frederik Philips Award, the IEEE Third Millennium Medal, National Science and Technology Medal from Prime Minister of Taiwan, Outstanding Research Award of Pan Wen Yuan Foundation, Special Distinguished Award of Physical Society of Republic of China, Superiority Business Award by Ministry of Economics Affairs, R.O.C. and The General Chamber of Commerce of the R.O.C., Distinguished Alumni Award of National Taiwan University, Honorary Doctorate of National Chiao Tung University, ITRI Laureate, Presidential Science Prize and The World Academy of Sciences (TWAS) Prize in Engineering Sciences, Outstanding Performance Award in the Field of Management of Technology of Chinese Society for Management of Technology, a Fellow of the US National Academy of Inventors​​, Academician of Academia Sinica, Materials Technology Contribution Award of Materials Research Society Taiwan, a Fellow of TWAS and George E. Pake Prize of APS.​​​​​