4/12/2004 10:54:25 PM NEW YORK, April 12 (Reuters) - The world's No. 2 personal computer maker, Dell Inc. (DELL) , said on Monday most of its employees are based outside the United States, as it expands in overseas markets. Round Rock, Texas-based Dell, which derived about 36 percent of its fiscal 2004 net revenue from international sales, said in its annual report that at the end of January, 23,800 of its 46,000 workers were overseas while 22,200 were U.S. based. The company recently set up technical and customer support operations in India, Panama, Slovakia, Morocco and China and intended to continue to expand internationally, it said in the report, filed at the Securities and Exchange Commission. It also has design centers in China and Taiwan. Dell, which ranks after Hewlett-Packard Co (HPQ) , had 39,100 employees a year earlier, 17,900 of whom were located overseas. Â© Reuters 2004. All rights reserved.