The present invention discloses a terminal device, comprising: a first housing (110) provided with a display screen (140); a second housing (120); a sliding mechanism, wherein the second housing (120)is in sliding connection with the first housing (110) through the sliding mechanism; a card holder (200), wherein the card holder (200) is arranged on the second shell (120), and when the second housing (120) is in a slide-in position relative to the first housing (110), the card holder (200) is shielded by the first housing (110), and when the second housing (120) is in a slide-out position relative to the first housing (110), the card holder (200) is exposed to an external environment. Through the arrangement, a card holder mounting hole does not need to be formed in the appearance surfaceof the terminal equipment, the appearance surface of the terminal equipment cannot be split, and the user experience of the terminal equipment is improved.