A mobile terminal and a display method are disclosed. The mobile terminal, including an enclosure, a display module, and one or more devices. The display module includes a first display region and a second display region. Both the first display region and the second display region are capable of displaying information. At least one of the one or more devices is disposed between the display module in the second display region and the enclosure. At least one of the one or more devices is capable of transmitting and/or receiving an optical signal through the display module. At least one transparent display region is disposed, so that a device disposed in the region is allowed to transmit and receive an optical signal through the display module. The mobile terminal integrates non-transparent display and transparent display functions.