A display panel and a method for manufacturing a display device are provided. The display panel includes an array substrate, a color film substrate assembled with the array substrate, and liquid crystal molecules sealed between the array substrate and the color film substrate. The array substrate comprises a pixel electrode and a common electrode, orthographic projections of the pixel electrode and the common electrode on the base substrate of the array substrate have an overlapping region, and the liquid crystal molecules have an azimuth angle of 90 degree. As a result, the display panel can have a faster response speed and is applicable to scenarios that require fast and frequent image switching.