.......In lower priced tires, I take it you are referring to OEM tires.......
Not necessarily. What I was referring to was the manufactiring process - particularly the type of mold used.
2 piece molds, where the split is in the center of the tread, are much less expensive to make and maintain.
Segmented molds, where there are radial splits in the mold across the tread face (usually about 7 segments), are much more expensive and costly to maintain, but the tread can be made flatter.
OEM tires can be made either way.
The reason many people think OEM tires are "cheap" is because they wear out so quickly. This has everything to do with rolling resistance and the vehicle manufacturer's specifications.
From a tire manufacturer's point of view, they don't like the tires to wear so quickly (guess who gets the complaints?). But if you are delivering a truckload of tires (900 tires) every day to the same location, the assembly lines can be made much more efficient than if you build a couple thousand, then have to change to build a different size for a few days. Needless to say, vehicle manufacturers get price breaks because of the quantity and the simplicity of manufacture and delivery.