An electronic device may include a display panel, a display driver IC (integrated circuit) and a processor, wherein the display driver IC may set an output time (horizontal time) of one of lines constituting the display panel to a first time period, set a number of vertical blank lines for the display panel to a first number, drive the display panel at a first refresh rate corresponding to the first time period and the first number of the vertical blank lines, receive a control signal for changing from the first refresh rate to a second refresh rate from the processor, and set the output time to a second time period or set the number of the vertical blank lines to a second number and drive the display panel based on the control signal, and wherein the display panel may be driven at a second refresh rate while the second time period and the second number of vertical blank lines are being set.