A mobile terminal and a control method therefor are disclosed. The mobile terminal includes a body, an input unit configured to receive a user input, a display coupled to the body to vary a display region viewed from a front of the body according to switching between an enlarged display mode and a reduced display mode, and a controller. The controller controls the display to be extended by a first region upon receiving a first signal, and controls the display to activate a touch function of the first region after activating an output function of the first region, based on extension of the display by the first region.