The present invention discloses a frame for holding a display panel. The frame includes a number of side frames and at least one rotating part. The side frames are connected end to end to form an enclosed frame for accommodating the display panel. The side frame defines at least one cutout extending along a longitudinal direction of the side frame. The rotating part is received in the cutout and is rotatably connected to the side frame via a rotating axis extending along the longitudinal direction of the side frame. The display panel is assembled in the enclosed frame via the rotating part. The present invention further provides a display device having the frame.