A display device includes a substrate having a first area, a second area, and a bending area between the first area and the second area. A display element is disposed in the first area of the substrate. A stress neutralizing layer is disposed in the first area, the second area and the bending area. A thickness of the stress neutralizing layer in the bending area is less than a thickness of the stress neutralizing layer in at least one of the first area or the second area.