A streaming media packet processing method and a mobile terminal are provided. The method includes receiving a streaming media packet and determining whether the streaming media packet is an error streaming media packet according to a first cyclic redundancy check (CRC) code of the streaming media packet. If the streaming media packet is an error streaming media packet, the method includes determining whether a transmission control protocol (TCP)/internet protocol (IP) header of the streaming media packet is correct. If the TCP/IP header of the streaming media packet is correct, the method further includes determining whether the streaming media packet is preset streaming media. If the streaming media packet is preset streaming media, the method further includes calculating a second CRC of the streaming media packet, combining the second CRC with the streaming media packet, and transmitting the streaming media packet combined with the second CRC to a processor such that the processor processes the streaming media packet according to the second CRC. Hence, an anti-interference capability of the WiFi chip during streaming media transmission and a transmission stability of a multimedia service packet are improved.