A foldable mobile terminal, including: an upper shell (11) and a lower shell (21) that are hinged, and a flexible panel (30) disposed on inner surfaces of the upper shell (11) and the lower shell (21); at least one of the upper shell (11) and the lower shell (21) can be pivoted inwardly or outwardly to an adjustable angle with respect to an hinge axis; a region of the upper shell (11) closer to the hinge axis includes an upper cavity (111), and a region of the lower shell (21) closer to the hinge axis includes a lower cavity (211); a region of the flexible panel (30) closer to the hinge axis includes a bending portion (301) and the flexible panel (30) can be bent at the bending portion (301); upon at least one of the upper shell (11) and the lower shell (21) is pivoted inwardly with respect to the hinge axis, the bending portion (301) is received in the upper cavity (111) and the lower cavity (211), so as to maintain a relatively large bending radius, and prevent the flexible panel from being broken.