An electronic device is provided. The electronic device includes a display, a communication circuit, a memory, and a processor operatively connected to the display, the communication circuit, and the memory, wherein the processor is configured to detect a pen event for the display to obtain a frequency, to establish a communication connection with an electronic pen using the communication circuit to obtain switch information and a device identification (ID), to obtain an electronic pen connection record from the memory, to determine a type of the electronic pen based on the device ID, to determine an operation mode of the electronic pen based on the switch information when the switch information is obtained, and to perform a predetermined function based on at least one of the frequency, the electronic pen connection record, the type of the electronic pen, or the operation mode.