A display panel is provided that is capable of enhancing visibility outdoors and which can be easily manufactured. In a display panel in which at least one side thereof serves as a display surface, the display panel includes a first reflectance layer, which may be made of titanium, titanium nitride, or an alloy of titanium and tungsten and a second reflectance layer, which may be made of indium tin oxide, indium zinc oxide, or gallium zinc oxide, the first and second low reflection layer being deposited at positions corresponding to pixels on a substrate.