A foldable mechanism for a foldable mobile terminal and related products may include: first and second sliding plates provided between a first shell and a second shell, the first sliding plate being able to slidably extend or retract with respect to the first shell, and the second sliding plate being able to slidably extend or retract with respect to the second shell; first and second rotation shafts; a first connection rod having a first end slidably hinged to the first rotation shaft and a second end rotatably capable of being connected to the first shell; a second connection rod having a first end slidably hinged to the second rotation shaft and a second end capable of being rotatably connected to the second shell; and a linkage element that connects the first and second rotation shafts and is in linkage with the first end of the first connection rod and the first end of the second connection rod.