A two-way folder-type terminal including a first housing; a second housing coupled to the first housing in such a manner that it can be rotated in a direction approaching or away from the first housing while facing it; and a third housing coupled to the first housing at a position spaced from the second housing, the third housing being adapted to be rotated in a direction approaching or away from the first housing while facing it and to be rotated in such a direction that it is twisted at a position away from the first housing. The two-way folder-type terminal can be used as if it were a conventional bar-type terminal, when the second and third housings are folded on the first housing, and can be used to enjoy multimedia programs (e.g., digital TVs and VODs) and mobile games, when the second and third housings are unfolded from the first housing.