An electronic device comprising: a housing ; a display disposed in an internal space of the housing to be viewable from an outside and including a display area; and a camera module disposed under the display overlapping at least a part of the display area and not including an aperture structure, wherein the camera module includes: a lens housing ; a plurality of lenses disposed on the lens housing; and an image sensor disposed under the plurality of lenses, wherein the display includes: a display panel , and a light blocking member disposed inside of the display panel, the light blocking member including a light transmission region (AD), the light transmission region overlapping at least parts of the plurality of lenses as viewed from above the display, wherein the display panel comprises: a substrate layer ; an intermediate layer (43 1b) including a plurality of pixel electrodes laminated on an upper portion of the substrate layer, organic light-emitting layers disposed on the plurality of pixel electrodes, respectively, and an opposite electrode disposed on upper portions of the organic light-emitting layers; and an encapsulation layer disposed on an upper portion of the intermediate layer, and wherein the light blocking member is disposed in the intermediate layer directly between the substrate layer and the encapsulation layer and is adjacent to the organic light-emitting layers and the opposite electrode of the intermediate layer in a direction parallel to the upper portion of the substrate layer. a housing ; a display disposed in an internal space of the housing to be viewable from an outside and including a display area; and a camera module disposed under the display overlapping at least a part of the display area and not including an aperture structure, wherein the camera module includes: a lens housing ; a plurality of lenses disposed on the lens housing; and an image sensor disposed under the plurality of lenses, a lens housing ; a plurality of lenses disposed on the lens housing; and an image sensor disposed under the plurality of lenses, wherein the display includes: a display panel , and a light blocking member disposed inside of the display panel, the light blocking member including a light transmission region (AD), the light transmission region overlapping at least parts of the plurality of lenses as viewed from above the display, a display panel , and a light blocking member disposed inside of the display panel, the light blocking member including a light transmission region (AD), the light transmission region overlapping at least parts of the plurality of lenses as viewed from above the display, wherein the display panel comprises: a substrate layer ; an intermediate layer (43 1b) including a plurality of pixel electrodes laminated on an upper portion of the substrate layer, organic light-emitting layers disposed on the plurality of pixel electrodes, respectively, and an opposite electrode disposed on upper portions of the organic light-emitting layers; and an encapsulation layer disposed on an upper portion of the intermediate layer, and a substrate layer ; an intermediate layer (43 1b) including a plurality of pixel electrodes laminated on an upper portion of the substrate layer, organic light-emitting layers disposed on the plurality of pixel electrodes, respectively, and an opposite electrode disposed on upper portions of the organic light-emitting layers; and an encapsulation layer disposed on an upper portion of the intermediate layer, and wherein the light blocking member is disposed in the intermediate layer directly between the substrate layer and the encapsulation layer and is adjacent to the organic light-emitting layers and the opposite electrode of the intermediate layer in a direction parallel to the upper portion of the substrate layer. <EOS>