A display device according to the exemplary embodiment of the present invention includes: a first insulation substrate; a pixel electrode disposed on the first insulation substrate; a first alignment layer disposed on the pixel electrode; a second insulation substrate facing the first insulation substrate; a common electrode disposed on the second insulation substrate; and a liquid crystal layer disposed between the first and second insulation substrates. The liquid crystal layer includes liquid crystal molecules and nanoparticles, and the nanoparticles are disposed adjacent to the common electrode.