An optically compensated birefringence liquid crystal display (LCD) panel is provided, which includes an active device array apparatus, a color filter apparatus, and an optically compensated birefringence liquid crystal layer disposed between the active device array apparatus and the color filter apparatus. The color filter apparatus includes a substrate, a color filter array, a common electrode, a plurality of electrode lines, and an insulating layer. The color filter array is disposed on the substrate and has a black matrix and a color filter layer. The common electrode is disposed over the color filter array. The electrode lines are disposed over the common electrode. The insulating layer is disposed between the common electrode and the electrode lines. Accordingly, the problems of delay of data signal and overload of the driving circuit when a high voltage is applied to the control signal electrode of the conventional LCD panel are resolved.