A convertible electronic device includes a display module including a first region and a second region surrounding the first region and having a lower light transmittance than the first region; a camera module disposed on the display module to overlap the first region; a first housing which accommodates the display module therein, and includes a camera module accommodating portion protruding outwardly to overlap the camera module; a keyboard; a second housing which accommodates the keyboard therein; and a hinge member connecting the first housing to the second housing rotatably to each other with respect to a rotation shaft. The first and second housings are in a first folded state where the first and second housings overlap each other to allow front surfaces to face each other or in a second folded state where the first and second housings overlap each other to allow rear surfaces to face each other.