The development of selenophene‐flanked DPP (SeDPP) based copolymers, especially for the ambipolar ones, lags behind other aromatic group flanked DPP‐based polymers. Herein, we report two new ambipolar SeDPP‐based conjugated polymers. One is the alternating polymer PSeDPPFT with normal SeDPP and 3,4‐difluorothiophene units. The other is PSeFDFT, in which the electron acceptor unit is replaced by a new SeDPP derivative, referred as to half‐fused SeDPP. The more planar structure of half‐fused SeDPP endows the backbone of PSeFDFT with good rigidity and planarity. Both polymers exhibit ambipolar transporting properties in air. The PSeFDFT based field‐effect transistors (FETs) display higher and more balanced ambipolar properties with μhave of 0.27 cm2·V–1·s–1, μeave of 0.18 cm2·V–1·s–1, and μhave/μeave of 1.5 than those of PSeDPPFT (μhave = 0.11 cm2·V–1·s–1, μeave = 0.042 cm2·V–1·s–1, and μh/μe = 2.6). This is attributed to the more planar structure, lower LUMO level, higher HOMO level, and better interchain packing orientations of PSeFDFT by comparing with PSeDPPFT. Therefore, a new molecular design strategy to modulate the hole and electron transporting properties is proposed for conjugated D‐A polymers.