Despite the Galaxy Note 7 saga, the company is in good shape.

The South Korean tech giant reported quarterly profit of $7.9 billion on Tuesday, up 50% from a year earlier to its highest level in three years.

Samsung was able to shrug off the $5 billion profit hit it took from killing off the catching-fire Note 7. The company’s strength comes from its massive size - not just in smartphones, but in other parts as well.

Even Samsung's mobile division, which was nearly dragged into the losses by the Note 7 crisis, booked a 12% profit increase in the latest report as other smartphones like the S7 sold well.

On Monday, the company took a major step toward moving on from the embarrassing affair. It announced the results of investigations into what caused some of the Note 7 phones to catch fire, blaming defects with batteries from two suppliers and outlining steps to prevent a similar fiasco from happening again.

Samsung is the world's largest smartphone maker, but the majority of the company's profits now come from selling components like semiconductors, memory chips and display screens. Competitors like Oppo, LG and Dell use Samsung parts in phones, televisions, and laptops.

The South Korean company's products are even found in Apple devices. When Samsung's brand image and smartphone profits were taking a beating from the embarrassing Note 7 recall, it was still cashing in on iPhone 7 sales.

The company will release its flagship Galaxy S8 in the coming months, a key test of consumers' trust in its damaged brand. While fans speculate over the smartphone's design, what's on the inside is also important for Samsung's bottom line.