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The U.S. Commerce Department has delayed approving export licenses for American-made semiconductor manufacturing equipment that SK hynix needs to expand production at its Dalian, China plant, according to Reuters, as reported by multiple Korean outlets on Nov. 3-4. This complicates SK hynix's plans for new memory-chip plants in New York, as the company had aimed to use profits from the China expansion to fund the U.S. investment, which is valued at $45 billion, per Chosun Ilbo and Dong-A Ilbo. The hold-up highlights the conflict between U.S. restrictions on China and SK hynix's investment strategy, with Business Korea noting the move underscores the tension. Korean media coverage focuses on the setback to SK hynix's U.S. investment plans, with Chosun Ilbo reporting that the plan to raise funds for U.S. investment through China production has been blocked by the restrictions.