A portable terminal, including first and second housings, and a sliding module interposed therebetween to connect them. The second housing is slidable with respect to the first housing to upper and lower sides of the first housing along a first axis and to left and right sides of the first housing along a second axis. The sliding module includes a guide member disposed on a surface of the first housing, a first sliding member slidably engaged with the guide member, and a second sliding member on the second housing. The second sliding member slidably engages the first sliding member. The first sliding member moves the second housing to the upper side and the lower side of the first housing along the first axis and the second sliding member moves the second housing to the left and right sides of the first housing along the second axis.