A foldable terminal includes: a first body, a second body, and a rotating shaft connecting the first body and the second body; a flexible display fixed to one side of the main body; and at least one set of first magnetic components including a first magnet and a second magnet that are attracted to each other. The first magnet is disposed at a side of the first body distal from the rotating shaft, and the second magnet is disposed on a side of the second body distal from the rotating shaft. When an angle between the first body and the second body is less than a threshold, an attraction force between the first magnet and the second magnet controls the flexible display to switch from a half-folded state to the folded state.