Sept. 25 (Bloomberg) -- Dell Inc., the world's second-largest personal-computer maker, will focus on taking away sales from Hewlett-Packard Co. and plans to use more contract manufacturers to trim costs.

Dell will continue to grow faster than the industry this year and remains ``very competitive'' in pricing, Chief Executive Officer Michael Dell told reporters in Brussels today. ``What is industry growth? We don't really know, but there will be an impact'' from the financial crisis, he said.

Dell, the company founder, has pledged to trim up to $3 billion in annual expenses in the next three years by eliminating jobs and using lower-cost manufacturers. Profit at Dell is fading amid price cuts to take sales from leader Hewlett-Packard. Once known for its manufacturing prowess, Dell has fallen behind as Hewlett-Packard wrung savings from Asian contractors.

``We have achieved the reduction in headcount,'' Dell said when asked whether the company plans more rounds of job cuts. Contract manufacturing will grow, he said, adding that the Round Rock, Texas-based company will continue to have its own plants.

To contact the reporter on this story: John Martens in Brussels at jmartens1@bloomberg.net

Last Updated: September 25, 2008 04:48 EDT