A　hybrid　film　of　carbon　nanotubes　(CNTs)　and　silver　nanowires　(AgNWs)　that　could　be　regarded　as　a　parallel　circuit　of　CNTs　and　AgNWs　was　developed,　which　exhibited　a　low　sheet　resistance　of　23　Omega/sq　and　transmittance　at　550　nm　of　93%.　The　relatively　high,　intertube　contact　resistance　of　CNTs　was　reduced　by　the　metallic　AgNWs,　which　acted　as　bridges　to　aid　carrier　transport　between　CNTs.　A　hybrid　film　of　CNTs　and　AgNWs　was　used　as　a　transparent　conductive　layer　in　an　AlGaInP　light-emitting　diode　(LED).　Including　the　hybrid　film　in　the　LED　increased　the　optical　output　power　by　about　1.6　times　and　decreased　the　red　shift　of　emission　wavelength　from　13.11　to　9.7.　(C)　2015　AIP　Publishing　LLC.