Bright, ambipolar, light‐emitting polymer field‐effect transistors in a bottom‐contact/top‐gate structure using poly(9,9‐di‐n‐octylfluorene‐alt‐ benzothiadiazole) (F8BT) as a green‐emitting semiconductor show balanced hole and electron mobilities, depending on the polymer dielectric. The emission zone, observed as a bright line in the figure, is well defined and can be moved through the channel.