Samsung has today announced its second quarter results showing a strong operating profit.

Samsung has announced it made 4.28 trillion ($2.3bn) won in the second quarter of 2010, mainly due to improved sales in its components business and of its smartphones.

The South Korean electrical firm said in a statement today (30 July) that it made a record operating profit of 5.01tn won on revenues of 37.89tn.

Samsung’s net profit of 4.28tn won between April and June displays an 83% rise from the profit made in the same period last year.

Significant improvements in the company’s components business, which manufactures memory chips, helped boost its financial results.

Despite the very strong results, Samsung has warned that it would struggle to sustain such high profits in upcoming quarters.

According to analysts, the slowing global economy may harm the demand for components such as chips and thus the outlook for Samsung may not be so bright.

Robert Yi, Samsung’s Vice President and head of Investor Relations, said: “With intensified competition through the digital media and mobile industries going forward, it may become a challenge to maintain current profitability levels.

“However, we will continue to focus on introducing differentiated products and widening our technology leadership in components to meet these difficult market conditions.”