Disclosed is an electronic device including a housing, a display panel, and an image sensor. The display panel includes a first polarization layer that causes light input from outside the electronic device to oscillate in a first direction as a first linearly-polarized light, a first retardation layer disposed below the first polarization layer and causing at least a portion of the first linearly-polarized light to oscillate as a circularly-polarized light, a substrate layer disposed below the first retardation layer and passing at least a portion of the circularly-polarized light, and a protection layer disposed below the substrate layer and protecting at least a portion of the substrate layer by covering the portion of the substrate layer.