A display device includes: a display element, which has a display area and a peripheral area; a flexible substrate, which has flexibility and which is arranged in the peripheral area of the display element, and on which a driving IC supplying a signal to the display area is mounted; a first frame, which is arranged at a display surface-side of the display element; and a second frame, which is engaged with the first frame to thus hold the display element and the flexible substrate, wherein the display element has a connection part connecting with the flexible substrate, and wherein the first frame provided with a flexible substrate holding member that is located at a position, which face a vicinity of the connection part and is different from a position corresponding to the driving IC mounted on the flexible substrate.