Taiwan Semiconductor Manufacturing Co. or TSMC's (TPE:2330) chief executive C.C. Wei said the company's main challenge is now a shortage of skilled workers, even as Taiwan's chip industry continues to face pressure from limited resources, Reuters reported Friday.

Addressing a ceremony for a new science park in southern Taiwan, Wei pointed out long-running constraints known as the "five shortages"-water, power, land, labor and talent-still affect expansion plans, though talent has become the most urgent issue.

Wei's comments underline a shift in focus for Taiwan's semiconductor sector, where physical infrastructure risks are increasingly being overtaken by workforce gaps in advanced chip manufacturing, the news agency said.

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