The South Korean tech giant reported an operating profit of 14 trillion won ($12bn; £9.3bn) in the three months to June, up 72% on a year earlier.
Sales climbed 18% to 60 trillion won, buoyed by strong sales of smartphones including the new flagship Galaxy S8.
Analysts say the results indicate Samsung has recovered from the disastrous Galaxy Note 7 recall.
That handset was axed after a battery fault led to some devices catching fire.
Also on Friday, Samsung launched a new phone in South Korea using parts from the Note 7 to "minimise the environmental impact" of its high-profile flop.
Some research firms predict that Samsung is set to overtake Intel as the world's biggest chipmaker by sales this year.
It has benefitted from both rising demand and prices for semiconductors, or memory chips, which are used in smartphones and computers.
The Note 7 debacle damaged Samsung's reputation and caused it to lose its position as the world's biggest smartphone maker in the first quarter.
Rivals such as Apple and China's Huawei, Xiaomi and Oppo gained market share following the recall.
Samsung has also seen its image dented by the arrest and ongoing trial of de-facto chief Jay Y. Lee over a political bribery scandal. Mr Lee denies the charges.
After teasers, POCO India has just announced that it will launch ‘Poco X2’ in India on February 4, 2020.
LG plans to bring the Android 10 update in the form of LG UX 9.0 to nine more phones in 2020.
Motorola's new smartphone has been leaked online with a dedicated stylus pen. This phone could be called the Moto G Stylus.
Xiaomi launched the Mi A3 in India back in August last year starting at Rs. 12999.
Samsung will launch its flagship smartphones-Galaxy S20 Series in France on March 13, and the Galaxy S20 is reported to be priced at more than EUR 900.
Samsung Galaxy Note10 Lite with 6.7-inch FHD+ Super AMOLED Infinity-O Display, 4500mAh battery, S-pen support, triple rear cameras launched in India starting at Rs. 38999
Now, the instant cashback discount offer is available for Galaxy A50s and A70s at the offline retail stores in India.
Samsung will unveil the most anticipated 2020 flagship mobiles Galaxy S20 series smartphones at the event on Feb 11, 2020.
HONOR 9X with 6.59-inch FHD+ display, 48MP triple rear cameras, 16MP pop-up camera launched in India on Jan 14, 2020.