A display device includes a first substrate, a thin film transistor on the first substrate, a passivation layer on the thin film transistor, a reflective layer on the passivation layer, a color filter on the reflective layer, the reflective layer having a substantially same shape as that of the color filter in a plan view, a first insulating layer on the color filter, a pixel electrode on the first insulating layer, a second substrate opposing the first substrate, and a liquid crystal layer between the first substrate and the second substrate.