The company apologized to China and dumped the Republic of China reference from its phones in August, after a customer complaint a month earlier triggered the controversy.
Among the other sanctions discussed was barring Matsushita phones from access to China's mobile phone network, the world's largest, the China Daily reported.
Because of the way mobile phones operate, that might be difficult, analysts said.
"I don't know any way they could do that," said Sage Brennan, who analyzes China's cell phone industry for BDA Associates, a Beijing consulting company.
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